BP's gusher of oil and Obama's sea of red ink

Where Is BP Headed: $70 or $0?


.... 536 engineers working on this problem are likely to achieve better results in solving the problem than 536 politicians only interested in being photographed picking up tar balls ...


You think BP’s spill is big? BP is a drop in the bucket compared to the gusher of borrowed money the US has squandered while looking for love (or campaign contributions which, to a politician, amounts to the same thing.) The trillions our nation has borrowed simply cannot be repaid merely from increased productivity any more. So our government will depreciate our currency via inflation.


Comment: Interesting read. I'm not likely to buy BP stock, but this analyst sees a future for it!

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